CAPITAL INCREASE PROCEDURES FOR A MULTI-MEMBER LLC
Our company is a limited liability company with two or more members and currently intends to increase its charter capital. We kindly request your firm to provide guidance on the procedures and steps for implementing the capital increase, as well as the required documentation and important legal considerations. Answer 1. Forms of capital increase: Increase […]
Consultation on the Form of Organizing the General Meeting of Shareholders
Question: My company is a joint stock company with 15 shareholders. The company plans to convene a General Meeting of Shareholders; however, since some shareholders are located in different provinces and cities, organizing an in-person meeting is quite difficult. May my company hold the meeting in an online (virtual) format? Answer: In the case where […]
Consultation on conditional business sectors for foreign investors
Question: Our company is a wholly foreign-owned enterprise and is currently planning to cooperate with a Vietnamese company to jointly invest in and operate a nursing home providing elderly care services. May I ask whether the current laws of Vietnam allow foreign companies to participate in this field? Answer: According to Appendix I on the […]
Consultation on determining an employment contract
Question: I and Company A signed a Personal Service Contract in 2023. After the contract came into effect, I worked for Company A, received salary, and had insurance contributions during the entire time under the supervision and management of Company A. At the beginning of 2025, the Company dismissed me on the grounds that I […]
Consultation on division of property upon divorce
Question: Before marriage, my father gave me a car registered under my name. During the marriage, since I did not use the car, I leased it out and generated income from the lease. Now, upon divorce, my husband is requesting a share of the rental income. May I ask whether this request is legally recognized? […]
Consultation on bank loans secured by valuable papers
Question: Our company plans to borrow capital from the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) to invest in production and business. To secure the loan, the company intends to pledge all shares of the Vietnam Aircraft Leasing Joint Stock Company – an affiliated company of the Joint Stock Commercial Bank […]
Advisory on Capital Contribution with Assets
Question: I am preparing to establish a technology startup in Da Nang in the form of a joint-stock company, with 4 founding shareholders and a chartered capital of 1 billion VND. One shareholder wishes to contribute capital using intellectual property (a developed software). May I ask if contributing capital with non-cash assets is permitted? Answer: […]
Advisory on Staff Reduction in Cases of Structural, Technological Changes, or Economic Reasons
Question: I am a salesperson at a fashion store in Hanoi, working under a 12-month definite-term labor contract. After 6 months, the company suddenly terminated me without prior notice, citing "staff reduction due to business difficulties." However, they did not pay my last month's salary or provide unemployment support, despite me not violating any disciplinary […]
Advisory on Documentation for Signing Commercial and Investment Contracts Regarding Precondition Clauses
Question: Our company has signed a joint venture contract with a foreign corporation to jointly develop an industrial park. The contract value reaches hundreds of millions of US dollars, and shortly after signing, the foreign partner transferred a portion of its contributed capital to Vietnam. However, just a few months later, the project unexpectedly stalled. […]